During its regular meeting held on Tuesday, July 7, the Pagosa Fire Protection District (PFPD) unanimously accepted the district’s 2025 audit.
According to a copy of the district’s 2025 audit provided by District Manager Tomi Bliss, performed by Mayberry and Company LLC, “In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, major fund and aggregate remaining fund information of the Pagosa Fire Protection District as of December 31, 2025, and the respective changes in financial position, for the year then ended in accordance with accounting principles generally accepted in the United States of America.”
The audit report also explains that the same company performed PFPD 2024 audit, “and we expressed an unmodified audit opinion on those audited financial statements in our report dated June 25, 2025.”
It adds, “In our opinion, the summarized comparative information presented herein as of and for the year ended December 31, 2024 is consistent, in all material respects, with the audited financial statements from which it has been derived.”
According to the report, the district’s assets exceeded its liabilities at the end of 2025 by $8,278,235, “which is an increase of $1,785,794 from the prior year.”
The report explains that PFPD imposes a mill levy of 8.368 mills upon each dollar of the total valuation for assessment of all taxable property within the district.
Total property taxes received from that mill levy for 2025 was $4,211,845, the report indicates.
Total revenues in 2024 for the district came in at $5,609,615, and $5,932,700 in 2025.
According to the report, the district’s net position increase of $1,785,794 in 2025 up to $8,278,325, “compared to the increase in 2024 by $1,914,430 to $6,492,441.
As for the future of the district, the report explains that PFPD “continues to evaluate long-term operational and capital needs in order to maintain effective emergency response services throughout the District’s growing community.”
It adds, “To support continued growth and infrastructure demands within the community, the District implemented Impact Fees in February 2025. These fees apply to new construction and significant development projects occurring within District boundaries and are intended to help offset the costs associated with expanded emergency service demands and future capital improvements.”
clayton@pagosasun.com